Category: Crypto News

Elon Musk Denies Crypto Token Plans

Elon Musk has unequivocally denied any intentions of launching a cryptocurrency token associated with his social media platform, X. The announcement comes in response to...

JP Morgan Reverses Recession Forecast

JP Morgan Chase & Co. economists have made a significant shift in their economic outlook for the United States, no longer predicting a recession. Instead,...

Code Copying Claims: Polygon vs. Boojum

Polygon Zero has accused zksync’s Boojum of imitating its source code, particularly its Plonky2 proof system. The allegations surfaced after Boojum claimed to have achieved...

Coinbase To Challenge SEC Lawsuit

Coinbase has announced plans to file an order seeking the dismissal of the lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC)...

ASIC Sues eToro Over CFD Breach

The Australian Securities and Investments Commission (ASIC) has initiated legal action against the financial platform eToro, alleging the improper use of a high-risk leveraged derivative...

US DoJ Considers Binance Fraud Charges

The US Department of Justice (DoJ) is reportedly mulling over the possibility of bringing fraud charges against Binance, a major cryptocurrency exchange. Federal prosecutors, however,...

Binance Dominates Chinese Market Despite Ban

Despite China’s strict stance on cryptocurrency, Binance continues to dominate the Chinese market. In May, the exchange recorded an astonishing $90 billion worth of spot...